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Asset logo for symbol MGNI
Magnite
MGNI69
$12.60arrow_drop_up4.38%$0.52
High Growth
Asset logo for symbol MGNI
MGNI69

$12.60

arrow_drop_up4.38%

Income Statement (MGNI)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
EBIT$47.69M$13.09M$9.57M-$17.60M$35.12M
EBITDA$63.86M$27.62M$23.81M-$4.04M$51.94M
gross Profit$126.18M$99.45M$97.47M$80.56M$113.98M
NET Income$36.40M$5.21M-$1.07M-$17.75M$30.91M
total Revenue$193.96M$162.00M$162.88M$149.31M$186.93M

Balance Sheet (MGNI)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
cash Equivalents-----
net Debt-$424.51M$231.37M$296.51M$372.85M$280.19M
stockholders Equity$768.21M$725.87M$712.96M$695.37M$701.68M
total Assets$2.85B$2.73B$2.64B$2.45B$2.68B
total Debt$58.71M$618.61M$622.98M$625.69M$606.65M
total Liabilities$2.08B$2.01B$1.93B$1.75B$1.98B

Cash Flow (MGNI)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
financing Cash Flow-$9.45M-$13.80M-$2.54M-$3.10M-$62.16M
free Cash Flow$108.29M$73.23M$76.26M-$69.66M$77.04M
investing Cash Flow-----
operating Cash Flow$114.69M$91.34M$89.56M-$60.41M$89.08M

Magnite (MGNI) Financials

Magnite, Inc. (MGNI) is a leading independent sell-side advertising platform that enables publishers to monetize their content. The company's financials demonstrate its strong performance and growth in the advertising industry. The income statement reveals Magnite's total revenue, which showcases the company's ability to generate substantial income from its advertising solutions. Additionally, the gross profit highlights the profitability of Magnite's operations, indicating its success in delivering value to its clients. Moreover, the net income from stockholders indicates the profitability available to the company's shareholders after all expenses are accounted for.
Moving to the balance sheet, Magnite's total assets reflect the company's resources and investments, which contribute to its overall value. The total liabilities indicate the company's obligations and debts. Furthermore, the stockholders' equity signifies the net worth of the company, indicating the value available to the shareholders. Looking at the cash equivalents, it reveals the company's liquid assets that can be readily converted into cash. The net debt showcases the company's financial leverage and obligations. Lastly, the cash flow statement provides insights into how Magnite manages its financial resources.
Analyzing the cash flow, the operating cash flow reflects the company's ability to generate cash from its core business operations. The investing cash flow highlights Magnite's investments in assets and acquisitions. On the other hand, the financing cash flow indicates the company's funding activities, such as issuing or repurchasing stock, or taking on or repaying debt. Finally, the free cash flow showcases the company's ability to generate cash after accounting for capital expenditures and operational expenses.
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